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Intro to Business 11 and 16 Flashcards | StudBud
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Intro to Business 11 and 16
Intro to Business 11 and 16
20 terms
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StudBud Administration
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Review of terms and concepts covered in Chapters 11 and 16
Flashcards
20 cards
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Questions
20
Answers
1
Sources of big data include all but ____
online sales
social media
A comprehensive survey from one customer
customer feedback
2
_________ is the process of measuring, interpreting and communicating financial information
Entrepreneurship
Accounting
Cash flow
Investment
3
If you are a bond holder, you are
a company's customer
like to earn unexpected profit
likely to lose money
a company's creditor or lender
4
A balance sheet shows a company's position
on a particular date
none of these
at the end of the fiscal year
throughout the year
5
A centralized integrated collection of data resources is known as _________
big data
database
operational systems support
the information technology department
6
An example of a unicorn is
Uber
McDonald's
General Electric
Ford
7
Application software include
Microsoft Publisher
Quicken
All of these
Google Docs
8
Current assets are those that can be converted to cash in
no more than one year
no more than five years
no more than a month
no more than a quarter
9
The "Big Four" accounting firms include Ernst & Young, Deloitte, KPMG and
Arthur Anderson
H and R Block
TurboTax
PwC
10
Software that secretly gathers information from the user's Internet connection without their knowledge is
worms
cookies
spyware
Trojan horses
11
The accounting equation is
Assets = Liabilities + Owner's Equity
None of these
Liabilities - Assets = Owner's Equity
Assets + Liabilities = Owner's Equity
12
Typical users of a company's accounting information include all the following except ___.
Free-lance professionals
Owners and stockholders
Bankers and investors
Union officials
13
A malicious software program designed to infect computer systems is called
malware
phishing
viral attack
hacking
14
Data information is knowledge gained from
All of the above
Processing facts and figures in meaningful context
Using fact and figures in predictive analytics
comparing historical outcomes to current data points
15
WiFi allows various devices to communicate with one another using
radio waves
advanced software applications
specialized hardware
the Intranet
16
The term unicorn refers to businesses worth more than $1 B that use ______________
information technology
crowd source funding
disruptive innovation
business paradigms
17
All Public Accountants perform all these duties except...
Tax preparation and planning
management consulting
Assisting in hiring other accountants
Auditing or examining financial records
18
A financial record of revenues, expenses and profit over a given period of time is
none of these
a balance sheet
a journal entry
an income statement
19
Software includes all of the following except__
routines
languages
external drive
programs
20
A management accountant works internally in an organization to identify...
investment opportunities
strategic direction and planning
excessive risk
All of these